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Scenic Biotech: $31 Million Financing

Amsterdam, The Netherlands, 10th March 2022 – Scenic Biotech BV ("Scenic"), a pioneer in the discovery of genetic modifiers to enable the development of disease modifying therapeutics for rare genetic disorders and other devastating illnesses, is pleased to announce it has closed a Series A financing of ~$31 million (€28 million).

CatalYm: Antibody GDF-15 CTL-002

Munich, Germany, March 1st, 2022 – CatalYm today announced treatment of the first patients in a series of phase 2a cohorts targeting solid tumors, initiating phase 2 development of CTL-002. The trial will evaluate the safety and efficacy of the company's lead product candidate, the GDF-15 neutralizing antibody CTL-002 (visugromab), at the confirmed target dose in five cohorts in combination with nivolumab in patients that are relapsed/refractory to anti-PD1/-L1 treatment and in one cohort that is anti-PD-1/-L1 naïve.

Memo Therapeutics Financing

Schlieren, Switzerland – February 16, 2022Memo Therapeutics AG ("MTx"), an innovator in the field of antibody discovery and development, announced today the close of an oversubscribed Series B financing round led by Swisscanto Invest at CHF37 million after securing an additional CHF23 million from a combination of strategic and financial investors, including Adjuvant Capital, Fresenius Medical Care Ventures, GF Group, Verve Ventures, Vesalius Biocapital and Zürcher Kantonalbank.

Topas Appoints Cristina de Min

Hamburg, February 15, 2022 – Topas Therapeutics GmbH (Topas), a private biotechnology company developing immune tolerance-inducing drugs to treat and potentially cure a variety of autoimmune diseases, today announced the appointment of Cristina de Min, M.D., as Chief Medical Officer. In this position, she will be responsible for Topas' clinical development programs based on its proprietary Topas Particle Conjugates technology platform.

Sword Health Valued $2 Billion

22 November 2021, 10:00 WET – Sword Health, a provider of virtual and digital physical therapy, is valued at $2 billion after a funding round led by Sapphire Ventures that saw its valuation increase by more than 18 times since January.

Organon to Acquire Forendo Pharma

JERSEY CITY, N.J. & TURKU, FINLAND – Organon (NYSE: OGN), and Forendo Pharma today announced that the companies have entered into a definitive agreement, under which Organon will acquire Forendo, a clinical-stage drug development company focused on novel treatments in women's health. Forendo is pioneering the science of intracrinology, addressing disease through a novel, tissue-specific approach. Its lead clinical compound is an investigational, potentially first-in-class oral 17β-hydroxysteroid dehydrogenase type 1 (HSD17B1) inhibitor in early clinical development for endometriosis, being evaluated for its potential effect on endometriotic lesions. Endometriosis is a common and chronic condition that affects up to 1 in 10 women of reproductive age, causes abdominal pain and is associated with infertility.

Rejuvenate Biomed raises €15.7 million

Heusden-Zolder, Belgium, Schlieren, Zürich, Switzerland, and Luxembourg, Grand Duchy of Luxembourg, 12 October 2021 – Rejuvenate Biomed NV ('Rejuvenate'), a biomedical company developing novel combination drugs for age-related diseases, today announces a EUR 15.7 million Series B round.

OncoDNA and SOPHiA GENETICS

Gosselies, Belgium, September 30th, 2021 – OncoDNA, a genomic and theranostic company specializing in precision medicine for the treatment of patients with cancer and genetic diseases, and SOPHiA GENETICS S.A., a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research, announced today an agreement facilitating the analysis and interpretation of genomic profiling.

Topas Therapeutics raises $40M series B

Hamburg, July 27, 2021  – Topas Therapeutics GmbH (Topas), a private biotechnology company developing immune tolerance-inducing drugs to treat and potentially cure a variety of autoimmune diseases, today announced that the Company has successfully extended its Series B round with an additional €18 million (~$22 million) raised, bringing the total for this financing to €40 million.

SWORD HEALTH raises $85M series C

New York, July 06, 2021 (GLOBE NEWSWIRE)SWORD Health, the fastest growing virtual musculoskeletal care provider, today announced an $85M Series C funding round. This news follows SWORD's $25 million Series B in January, bringing the company's total to $135M in funding to-date

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